Loading chat...
ID H0056
Bill
AI Summary
-
Amends Section 47-1608, Idaho Code, to revise bonding requirements for geothermal resource operations to include reclamation and damages to land surface and improvements.
-
Establishes minimum bond requirement of $1,000 in favor of the State of Idaho, with amounts determined reasonable by the board.
-
Specifies that bonds for geothermal operations shall not duplicate bonds for well closure already held by the Idaho Department of Water Resources.
-
Deletes the provision requiring a separate $6,000 bond upon commencement of drilling operations that was previously in lieu of the initial bond requirement.
Legislative Description
Amends existing law relating to geothermal resources to revise bond provisions relating to damages to the land surface and improvements thereon, to provide for bonds relating to reclamation and to clarify that bonds shall not duplicate certain bonds for well closure.
GEOTHERMAL RESOURCES
Last Action
Governor signed Session Law Chapter 64 Effective: 07/01/11
3/15/2011